Privately Held Investment Analyst (Closely Held Analyst)

About Working at Commerce

Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn't stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.

Since 1906, Commerce Trust, a division of Commerce Bank, has been a leading provider of investment management, financial planning, trust and private banking services. Commerce Trust provides a full range of wealth and investment planning services to individuals and institutions. We build a comprehensive team around our client's unique personal and financial situation, managing their wealth and helping them achieve their long-term goals. Commerce Trust received the 2019 Highly Commended Private Wealth Manager Award (Over $5 Billion) by Private Asset Management and 2021 Global Finance's Best Private Banking Award for the Midwest Region. Commerce Trust administers over $57 billion in total client assets.

About This Job

The successful candidate will administer closely held and other privately held investment interests owed by fiduciary accounts where Commerce Trust serves as agent, personal representative, or trustee. This includes obtaining and analyzing appropriate documentation, making sell or hold recommendations, preparing pre-acceptance and annual asset reviews, servicing income collection, and guiding the sale or transfer of assets. You will be responsible for ensuring compliance with related policies and procedures along with applicable state and federal banking regulations regarding the oversight of non-exchange traded assets held in a fiduciary capacity by Commerce Trust.

Essential Functions

• Manage, acquire and dispose of assets; analyze and recommend votes for tender offers, partnership consents, and corporate actions; and value assets
• Work closely with internal teammates and external advisors to administer interests in accordance with client requirements, including investment goals, legal and tax aspects, while minimizing the risk to Commerce Trust
• Complete annual financial and operating analysis of closely held businesses and formulate a recommendation
• Serve as a subject matter expert for assigned assets
• Work independently or partner with Private Client Advisors, Portfolio Managers, and external professionals to provide comprehensive solutions to complex customer needs throughout the Commerce Trust market area
• Successfully address account and investment issues to ensure quality service is provided to clients and supports new business development
• Proactively provide internal partners regular updates, including changes in ownership status, asset investment performance, and any relevant actions and events affecting the investment returns and servicing of the account
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Working knowledge of balance sheet, income statement, and cash flow analysis
• Ability to model financial statements, analyze and interpret results, and forecast trends
• Ability to understand and interpret business appraisals and valuations
• Knowledge of business valuation principles for closely/privately held business interests
• Knowledge of trust agreements, legal assignments, contracts, and leases
• Ability to understand and interpret corporate governing documents (by-laws, shareholder agreements, partnership agreements, and operating agreements)
• Excellent presentation skills, analytical and problem-solving skills
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

• Bachelor's degree in business, finance, economics, accounting, or other quantitative field, or equivalent combination of education and experience required. Master's degree in Business preferred.
• 1+ years of business experience working with privately held businesses, trust administration, corporate development, consulting, financial planning, or investment banking required
• Certified Public Accountant (CPA), Accredited in Business Valuation (ABV), Certified Management Accountant (CMA), Certified Exit Planning Advisor (CEPA), and/or Chartered Financial Analyst (CFA) designation preferred

***Level of role is determined by knowledge, experience, skills, abilities, and education

Location: 8000 Forsyth, St. Louis, Missouri 63105

Time Type:

Full time